Revenue segments as reported by the company.

Institutional Clients Group

Personal Banking and Wealth Management

Legacy Franchises

Services

Markets

Banking

U.S. Personal Banking

Wealth

All Other—managed basis

Reconciling Items—Divestiture-related impacts

Global Consumer Banking

Corporate / Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provisions for credit losses and for benefits and claims

Compensation and benefits

Premises and equipment

Technology / communication

Advertising and marketing

Other operating

Restructuring

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Citigroup

Banamex is the second largest bank in Mexico.

Banamex

Citigroup, Inc. is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Global Consumer Banking, Institutional Clients Group, and Corporate and Other. The Global Consumer Banking segment provides traditional banking services to retail customers through retail banking, including commercial banking, and Citi-branded cards and Citi retail services. The Institutional Clients Group segment provides corporate, institutional, public sector and high-net-worth clients around the world with a full range of wholesale banking products and services. This segment includes fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance and securities services. The Corporate and Other segment includes certain unallocated costs of global staff functions, other corporate expenses and unallocated global operations and technology expenses, Corporate Treasury, certain North America and international legacy consumer loan portfolios, other legacy assets, and discontinued operations. The company was founded in 1812 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Citigroup reports steady Q4 earnings, focuses on strategic transformation

Citigroup's Q4 2022 performance showed steady net income and revenue growth, with a focus on strategic priorities and transformation efforts. Challenges in investment banking and wealth management are being addressed through cost reduction and technology investments. Opportunities for growth exist in wealth management strategies and market improvements.

Citigroup reports robust Q1 earnings, eyes growth amidst uncertainties

Citigroup's Q1 2023 earnings call showcased strong financial performance, emphasizing growth in core businesses and positive prospects in Wealth Management. While facing global uncertainties and interest rate challenges, the company focuses on investments in modernization and growth opportunities in key markets. Citigroup aims for sustainable growth through strategic initiatives and prudent risk management.

Citigroup reports mixed Q2 results, focuses on revenue stability

Citigroup's Q2 performance showed mixed results with strong revenue growth in key segments but challenges in expenses and Investment Banking
The focus on steady revenues, cost reduction, and simplification efforts presents opportunities for improving returns and capital management
Client sentiment remains cautious amidst global uncertainties, with a strategic shift towards efficiency and innovation in response to market dynamics
Balancing capital adjustments, expense management, and client needs will be crucial for Citigroup's future growth and resilience

Citigroup reports solid Q3 earnings, focuses on revenue growth

Citigroup's Q3 results reflect strong revenue growth and strategic focus on capital optimization.
Despite challenges in organizational restructuring and capital requirements, the company is optimistic about revenue growth targets.
Investments in innovation and client relationships position Citigroup for future success in various business segments.
The company's commitment to efficiency and transparency underscores confidence in achieving long-term targets.

Citigroup reports record performance in 2023, outlines strategic priorities

Citigroup made strategic accomplishments in 2023 despite Q4 challenges, focusing on 2024 priorities.
The company is committed to transparency, accountability, and delivering results to shareholders.
Balancing near-term profitability improvements with future growth investments is a key focus for Citigroup.
Optimism in achieving long-term targets through expense reduction, revenue growth, and operational improvements.

Citigroup reports solid Q1 earnings, navigates challenges with strategic focus

Citigroup's Q1 earnings call showcased a mix of strong performance, strategic initiatives, challenges, and opportunities. The company's focus on cost management, revenue diversification, and enhancing client experience positions it well for future growth and profitability amidst a dynamic economic environment.

Citigroup reports robust Q3 earnings, eyes IPO readiness and compliance

Citigroup's Q3 performance showcased revenue growth, expense discipline, and progress in regulatory compliance, with a focus on optimizing shareholder value and market opportunities.
While facing challenges in Fixed Income revenues and regulatory reporting, the company aims to capitalize on opportunities in stock buybacks, IPO readiness, and client asset growth.
Overall, Citigroup's strategic initiatives position it well for sustained growth, profitability, and shareholder value creation, underpinned by a commitment to operational excellence and regulatory transparency.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Bank of America

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Banking sector earnings can tell us a thing or two about the state of the economy.

2 Things to Watch as Banks Enter Earnings Season

FS KKR Capital Corp

JPMorgan Equity Premium Income ETF

Kinder Morgan

Altria

Realty Income Corp

Truist Financial

Verizon

The Dividend Harvesting Portfolio has performed well, generating a continuous stream of dividend income and maintaining a balance above its invested capital. The portfolio includes 87 positions across equities, ETFs, REITs, CEFs, and BDCs, with a focus on generating weekly income and mitigating downside risk. The author plans to continue adding to current positions and introducing new investments, with a goal of generating $1,300 in projected annual dividends and over $100 per month in dividend income by the end of 2023.

Dividend Harvesting Portfolio Week 123: $12,300 Allocated, $1053.16 In Projected Dividends

Wall Street expects Citigroup's second-quarter earnings to tumble from a year ago. The bank reports Friday before the market opens.

Citigroup Posts Earnings Friday Amid Weak Deal Making

Wells Fargo

Earnings estimates for Q2 came down as the quarter got underway, though the magnitude of cuts to estimates was notably below what we saw in other recent comparable periods.

Q2 Results Likely to Reflect a Stabilizing Earnings Picture

Blackrock Inc

UnitedHealth Group

State Street

The June quarter earnings season gets rolling this week, with earnings reports for several of the largest U.S.

Earnings Previews: BlackRock, Citigroup, JPMorgan Chase, State Street Corp., UnitedHealth Group, Wells Fargo

PARIS--(BUSINESS WIRE)--Defacto, the French lender to SME by API, closed a securitization fund with Citi and Viola Credit for up to €167m. Citi will be the senior lender of the fund while Viola Credit has renewed its trust in Defacto by continuing its support as a mezzanine lender of the fund. This new facility allows Defacto to continue its exponential growth with a yearly funding capacity of up to 1 billion euros. Founded mid-2021 by Jordane Giuly, Morgan O'hana, and Marc Henri Gires, Defacto.

Defacto Closed a Securitization Fund up to €167M with Citi and Viola Credit

Citigroup's (C) CitiDirect Commercial Banking offers a differentiated and enhanced client experience through a single digital platform.

Citi (C) Launches Digital Platform for Commercial Bank Clients

Ignacio Gutierrez-Orrantia, one of Citigroup's top bankers in Europe, will remain at the bank, sources familiar with the matter told Reuters on Tuesday, following media reports that he was set to join Spanish power utility Naturgy as CEO.

Citi banker not joining Spain's Naturgy as CEO, sources say

NEW YORK--(BUSINESS WIRE)--Citi's Issuer Services, acting through Citibank, N.A., has been appointed by Zhejiang Huayou Cobalt Co., Ltd. (“Huayou”) to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program. Huayou is a technology-driven enterprise mainly engaged in R&D and manufacturing of new energy lithium-ion battery materials and new cobalt material products. The company has developed a vertically integrated business model covering all critical steps along the valu.

Citi Appointed as Depositary Bank for the GDR Program of Zhejiang Huayou Cobalt Co., Ltd.

Wall Street banks are expected to report higher profits for the second quarter as rising interest payments offset a downturn in dealmaking.

US banking giants to report higher profits even as dealmaking drags

Ever since the great financial crisis, Citi has been lagging behind peers with regard to (i) return on equity, (ii) stock market performance, and (iii) valuation. Citi actually doesn't look too bad. In fact, during the past decade, Citi recorded a cyclically adjusted operating income of ∼$13 billion/ year, generating ∼$132 billion in earnings.

Citigroup: Broken, Or Just Underappreciated?

PacWest Bancorp

Western Alliance Bancorporation

Zions Bancorp

JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup Inc. kick off second-quarter earnings season Friday after one of the choppiest three-month periods for the banking sector since the global financial crisis.

Megabank profits on tap after eventful Q2 of bank failures and climbing interest rates

eBay

Hershey

Kraft Heinz

Lululemon Athletica

Procter & Gamble

Southern Company

Don't expect the broader market to surge this earnings season. But there are cheaper stocks that could pop even if their numbers don't wow.

Citi, eBay, and 5 More Stocks for a Tough Earnings Season

Citi has launched a “single entry point” digital platform aimed at its commercial banking clients. The platform, dubbed CitiDirect Commercial Banking, gives customers a better view of their banking activity with Citi in terms of cash, loans, trade, foreign exchange and onboarding, according to a Monday (July 10) press release.

Citi Debuts Digital Platform for Commercial Banking Customers

Citigroup Inc. C, +0.79% said Monday it launched its new CitiDirect platform for its Citi Commercial Bank (CCB) clients, as part of the megabank's overall “significant strategic investment” to meet global needs of these clients with a “single-entry point digital platform.” CitiDirect aims to provide clients with a “360° consolidated view” of Citi banking relationships across cash, loans, trade, foreign currency exchange, servicing and onboarding.

Citi rolls out CitiDirect digital platform for commercial banking clients

NEW YORK--(BUSINESS WIRE)--Citi has announced the launch of a new platform, CitiDirect® Commercial Banking, specifically to address the needs of Citi Commercial Bank (CCB) clients. This is part of Citi's significant strategic investment plan to meet the growing global needs of these clients by delivering a single-entry point digital platform. CitiDirect® Commercial Banking brings together Citi's global products and services into a single digital platform, providing clients with a 360° consolida.

Citi Commercial Bank Launches New Digital Client Platform, CitiDirect® Commercial Banking

What is coming will likely be the most significant shift in the American banking landscape since the 2008 financial crisis. Bank earnings kick off Friday.

The American banking landscape is on the cusp of a seismic shift. Expect more pain to come

Paramount Global

Since becoming CEO of Berkshire Hathaway in the mid-1960s, Buffett has overseen a greater than 4,200,000% return on his company's Class A shares (BRK.A). However, the Oracle of Omaha isn't perfect.

Warren Buffett Is Losing Almost $16 Billion, Combined, on 4 Brand-Name Stocks

Liberty Media Corp-Liberty SiriusXM

Liberty SiriusXM should have brighter prospects. Buffett seems to agree with Wall Street's optimism about Bank of America and Citigroup.

Wall Street Thinks These 3 Warren Buffett Stocks Could Skyrocket the Most

Citigroup (C) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Citigroup (C) Q2 Earnings Expected to Decline

Dampening market activity levels and gloomy dealmaking volume are expected to have affected Citigroup's (C) Q2 fee income. Waning loan demand is likely to have hindered NII growth.

Muted Trading & IB, Cost Hike to Hurt Citigroup (C) Q2 Earnings

In the harsh macroeconomic environment, identifying investment opportunities among the U.S. banks that offer growth potential and resilience is a cumbersome exercise. As financial markets enter July 2023, the banking sector presents three compelling opportunities for investors, especially for those seeking to capitalize on the emerging economic and technological landscape.

The 3 Best Bank Stocks to Buy for July 2023

Ally Financial

American Express

Bank of New York Mellon

Mastercard

Visa

If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world.

Interest Rates Headed Higher Again Soon: 7 ‘Strong Buy' Warren Buffett Dividend Stocks Will Benefit

US banks are set to report mixed second quarter earnings, starting off with JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Company (NYSE:WFC), and Citigroup Inc (NYSE:C) which are all handing down their latest financial results on Friday, July 14.   Bank of America Corp (NYSE:BAC) and Morgan Stanley (NYSE:MS) will follow on Tuesday, July 18, with Goldman Sachs (NYSE:GS) to report on Wednesday, July 19.

US banks set to report mixed 2Q earnings with Citigroup, Morgan Stanley and Goldman Sachs expected to post profit drop

SPDR S&P Bank ETF

SPDR S&P Regional Banking ETF

U.S. bank stocks fell and a key regional index hit a near two-week low on Thursday amid lingering worries about the health of the lenders in the aftermath of the crisis in regional banks and ahead of second-quarter results that start next week.

News for Citigroup Stock (C)